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JB4310 · 01-14-2009, 11:08 AM

My neighbor just refied at around 4.5% also, he went from a 30 year to a 15 year.
He was putting an extra $100. towards the orig mortgage, now with the lower rate and even having the 15 year vs the 30 he's paying the same, counting that extra $100. but he knocked 15 years off.

I've got to look into mine, I got a home equity loan a few years ago at what was a great rate, I think it was 4.9% I wonder if I can do any better.

I think they will go down even more though, seems to be the big push to get homes selling again. I heard a while back that in Japan the rates are near zero? don't know if that can be true.

01-14-2009, 11:08 AM	#4 (permalink)
JB4310 Veteran Member Join Date: Feb 2005 Location: Central CT Posts: 1,596	Re: Interest Rates/Refinance My neighbor just refied at around 4.5% also, he went from a 30 year to a 15 year. He was putting an extra $100. towards the orig mortgage, now with the lower rate and even having the 15 year vs the 30 he's paying the same, counting that extra $100. but he knocked 15 years off. I've got to look into mine, I got a home equity loan a few years ago at what was a great rate, I think it was 4.9% I wonder if I can do any better. I think they will go down even more though, seems to be the big push to get homes selling again. I heard a while back that in Japan the rates are near zero? don't know if that can be true. __________________ JD 4310; E hydro, 300CX, 48 BH, 60" box, 72" rake, 72" rear blade, cast pallet forks, 61"HD & 73" high volume bucket. FORD 1700; 2 WD, 2600 hrs. JD 320; Hydra lift, 48" deck and 48" snow blade.